PayTo is new, modern digital alternative to direct debits

Save time, money and improve cashflow with the real-time, secure, data rich features of PayTo

PayTo for Business

PayTo is here and will change the way your business initiates real-time payments from your customers' bank accounts.

It’s the smart way to do business, with real-time, reliable payments to help your business streamline your operations:
  • Improve your cashflow with real-time transactions and funds verification.
  • Reduce errors and exception processing with real-time account validation.
  • Get notified when a payment agreement is paused, changed, or cancelled.
  • Simplify reconciliation with the additional data in PayTo agreements making matching easy.

PayTo will enable your businesses to make money move swiftly and securely 24/7.

PayTo for Customers

PayTo gives your consumer a better customer experience. Easy to establish and simple to manage, PayTo reduces admin whilst increasing control.

PayTo features give more visibility to your customer:
  • Easily access and manage PayTo agreements in their internet or mobile banking.
  • Recurring payments, such as bills and subscriptions can be paid directly from their bank account in real-time.
  • Fast and simple new payments can be set up using PayID or BSB and account number.

The result is less uncertainty for both your business and your customer as each party knows the status of digital agreements at bank level.

PayTo will lift your customer experience by revolutionising how you handle payments.

Speed, convenience and efficiency are among the most important elements of a great customer experience. With PayTo you can achieve, secure, real-time, reliable payments that not only help your business run more smoothly but also brings those CX goals to life.

Want to learn more about PayTo? Our PayTo Sandbox is live.

PayTo Related Content

Payments as an Experience

Christian joined the Payments as an Experience panel, at Intersekt 2022, to share thoughts and insights on the future of payments for customers and how PayTo will play a key role for both the Australian and global market.

Australian Fintech Market & PayTo

Christian Westerlind Wigstrom, CEO, Monoova, joins Dexter Cousins, for the latest Fintech Chatter News podcast and shares his thoughts on the recent launch of Monoova's PayTo Sandbox and the current state of play in the local Fintech market.

PayTo - Commonly Asked Questions

PayTo is a new, digital way for merchants and businesses to initiate real-time payments from their customers’ bank accounts.

PayTo and Customer Experience

PayTo will lift your customer experience by revolutionising how you handle payments.